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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


ladder.gifBA_Logo.gif


How would you like to trade a market where you get large regular price swings every 10 minutes in the afternoon, seven days a week. A
market where all prices are set purely by supply and demand, few transaction costs, no middle men and you only pay commission if you win? Where you can freely act as a market maker and where you have direct market access and where you can create a spread for others to take?

Betfair has revolutionised the betting market and created an open platform for exchanging risk on sports events. This market is now viewed much more like a traditional financial risk market than an old fashioned betting market. Smart users have realised that there are huge opportunities on Betfair because they can buy and sell risk in much the same way they would in a normal financial market but without the burden of cost or the restricted access that is usually associated with traditional financial markets.

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Scripophilist - 25 May 2005 21:10 - 2980 of 10502

Milan lucky to still have 11 men IMHO.

Fundamentalist - 25 May 2005 21:10 - 2981 of 10502

sounds like another recent final.......

Scripophilist - 25 May 2005 21:11 - 2982 of 10502

Surely value in seven goals or more?

Scripophilist - 25 May 2005 21:12 - 2983 of 10502

I see somebody 'transferred' 5500 at 1.01 earlier in the day. Whoops. Now has a potentially big issue.

Fundamentalist - 25 May 2005 21:12 - 2984 of 10502

not sure scrip - if still 3-3 with 10 mins to go then could see both sides settling for it

Fundamentalist - 25 May 2005 21:13 - 2985 of 10502

scrip

can you explain what you mean



Scripophilist - 25 May'05 - 21:12 - 2982 of 2983


I see somebody 'transferred' 5500 at 1.01 earlier in the day. Whoops. Now has a potentially big issue.

Fundamentalist - 25 May 2005 21:14 - 2986 of 10502

ignore it - i see what you mean - but surely betfair should be investigating that sort of transfer

cunningham - 25 May 2005 21:15 - 2987 of 10502

I can't remember the last time I saw an Italian side concede three goals, let alone concede three after being 3 up and certainly not with Milan in the name. Incredible stuff.

Scripophilist - 25 May 2005 21:15 - 2988 of 10502

"not sure scrip"

Too much drink! Suddenly feels like a game of cat and mouse.

Fundamentalist - 25 May 2005 21:28 - 2989 of 10502

liverpool seem to have settled for extra time - a dangerous game to play

Scripophilist - 25 May 2005 21:31 - 2990 of 10502

Just fired up the laptop again to check the odds, Couldn't resist. Lay the draw at low odds or will the game peter out?

Scripophilist - 25 May 2005 21:35 - 2991 of 10502

Will stick an order in to fire at 1.10 to lay.

Scripophilist - 25 May 2005 21:35 - 2992 of 10502

Now taken.

Scripophilist - 25 May 2005 21:39 - 2993 of 10502

OK my P&L for the day now stands at a stunning 5.08, Not bad for a days work. But I actually feel pretty good about that after that match.

Scripophilist - 25 May 2005 21:40 - 2994 of 10502

10.4m traded, I think that's a record for a single football match.

Harlosh - 25 May 2005 21:43 - 2995 of 10502

75 new posts when I opened this thread up. I think that's a record too.

DocProc - 25 May 2005 21:44 - 2996 of 10502

Aaargh! I needed one more goal before '90 mins + injury'.

3-0
3-1
3-2
3-3

were all no good to me. :-(

Brilliant match though. Well played Carragher and Gerard particularly.

Scripophilist - 25 May 2005 21:52 - 2997 of 10502

1.4m turned over at 1.02, That's probably the biggest ever betting loss in history at those odds. Difficult to tell how many traded out or in though.

Scripophilist - 25 May 2005 21:52 - 2998 of 10502

Hey, I'm pleased to be part of that total! :)

Scripophilist - 25 May 2005 22:08 - 2999 of 10502

Tired looking legs out there. Either a mistake or penalties on the way.
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